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Application of Principal Component Analysis in Determining the Factors Influence Turnover Intention of Millennial Generation Employees in Medan City Marsyela Yulia Ashaya; Edison Parulian; Shamir Hasyim; J. Julfizar
Golden Ratio of Data in Summary Vol. 6 No. 3 (2026): May - July
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grdis.v6i3.2020

Abstract

Human resource management is a critical priority that must be continuously enhanced by corporate managers. Effective human resource management is essential for enabling employees to deliver their optimal performance to the company. Conversely, poorly managed employees experience a decline in work motivation and organizational loyalty, which ultimately triggers turnover intention. According to the Deloitte Global Millennial Survey (2019), approximately 49 percent of millennial employees intend to leave their current jobs within the next two years. This study investigates the key factors influencing turnover intention using Principal Component Analysis (PCA) to help companies retain competent human resources and achieve their strategic objectives. The study population comprises millennial employees in Medan City, with a sample of 350 respondents selected via the Lemeshow (1997) technique. Data analysis followed standard PCA procedures, including the Kaiser-Meyer-Olkin (KMO) measure, Bartlett’s Test of Sphericity, correlation matrix examination, factor extraction, and interpretation. The PCA results successfully reduced eight correlating variables into two distinct components: positive internal factors (Job Resources) and work pressure factors (Job Demands).
The Role of the Shariah and Intangible Assets in Managing Cost of Debt and Enhancing Competitiveness across the Corporate Life Cycle Diana Hasyim; Nurul Wardani Lubis; Ahmad Hidayat; Riza Indriani; Edison Parulian
Golden Ratio of Auditing Research Vol. 7 No. 1 (2027): July - January
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grar.v7i1.2019

Abstract

This study investigates the multilevel relationship between normative values, asset based views, finance based views, and strategic management in Islamic economics. It aims to explain how intangible assets mediate the influence of the Shariah system on the cost of debt and competitiveness across corporate life cycle stages. Using panel data of 720 firm year observations from Shariah and non Shariah firms, the study applies a multilevel mediation–moderation model. The results show that investment efficiency partially mediates the relationship between the Shariah system and cost of debt through a suppressor effect, yielding a negative total effect. However, investment efficiency does not mediate the Shariah–competitiveness relationship. Conversely, corporate reputation partially mediates the link between the Shariah system and competitiveness, but not with the cost of debt. Furthermore, the moderating role of the corporate life cycle is nonlinear and dynamic, as the Shariah system’s ability to reduce cost of debt varies significantly from the introduction to the decline stage. These findings highlight the critical importance of life cycle perspectives in understanding cost efficiency and competitive strategy in Shariah compliant firms. Ultimately, this research provides vital implications for developing more adaptive Shariah based financial management policies.
Pengaruh Gaya Kepemimpinan Demokratis Terhadap Kinerja Auditor Anggono Anggono; Munawarah Munawarah; Siti Aisyah Nasution; Sauh Hwee Teng; Edison Parulian
Akuntanomics Vol. 1 No. 1 (2024): Artikel Desember 2024
Publisher : Yayasan Literasi Emas Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67551/6mmfkk35

Abstract

The purpose of this research was to improve auditor performance through a democratic leadership style. This research was conducted at HGZ Public Accounting Firm in Medan City, Indonesia. The type of research is action research. The population of this research is 35 auditors who work at the HGZ Public Accounting Firm. The sampling technique used is total sampling so that all auditors who work at the HGZ Public Accounting Firm become research samples. The data collection technique used in this research is the auditor performance appraisal sheet. The data analysis technique used in this research is descriptive statistics. The indicator of the success of this research is the average performance of auditors at the HGZ Public Accounting Firm, reaching a score of 65. The results of the research revealed that the democratic leadership style has not been able to improve auditor performance in the first cycle, but the democratic leadership style can improve auditor performance in the second cycle. The conclusion that can be drawn from this research is that implementing a democratic leadership style positively affects employee performance.